2h ago
BlackRock Files BSTBL and BRSRV Tokenized Money-Market Funds With SEC on May 8
BlackRock submitted SEC filings on May 8 for two tokenized money-market funds—BSTBL and BRSRV—aimed at stablecoin holders seeking a regulated way to earn yield. The move came ahead of the Senate Banking Committee's May 14 markup of the Clarity Act, which would ban passive yield on idle stablecoins on crypto platforms. The products target different segments, with BSTBL issuing tokens on Ethereum and BRSRV requiring a $3 million minimum investment.
USDC
USDC+0.01%
2h ago
4-7
Binance Research: Bitcoin’s correlation flipped as ETFs lead macro pricing in 2026
Binance Research said on April 5, 2026 that Bitcoin is increasingly moving ahead of central-bank policy shifts, rather than reacting after Fed decisions. The report cites a 2026 correlation of −0.778 between BTC and Binance’s Global Easing Breadth Index, versus +0.21 before US spot ETF approvals, alongside spot ETF totals of $56 billion inflows and $87.5 billion AUM. It also flags April 10’s US CPI print as a near-term test as BTC recovered toward $70,000 while equities stayed pressured by tariffs.
BTC
BTC+0.68%
4-7
4-6
Italy and Germany back an EBA "kill switch" plan targeting foreign stablecoins like USDC
Italy and Germany have circulated a March 27 document in Brussels proposing an EBA-managed emergency "kill switch" that could block foreign stablecoins such as Circle's USDC under MiCA. The paper would tighten rules around multi-issuer structures, require reserves to be immediately transferable to an EU entity, and allow an outright ban if transfers or compliance mechanisms fail. The measures are intended for inclusion in MISP talks, with a stated deadline at the end of 2026.
USDC
USDC+0.01%
4-6
4-5
Drift Protocol says $285M was drained on Solana; ZachXBT criticizes Circle's CCTP response
Drift Protocol said $285 million was drained from three Solana vaults in about 12 minutes on April 1, 2026, triggering a sharp drop in TVL and a more than 40% fall in the DRIFT token. The attacker then routed roughly $232 million via Circle's CCTP bridge from Solana to Ethereum over 100+ transactions across a six-hour window, prompting ZachXBT to publicly question Circle's response.
ETH
ETH+1.43%
4-5
4-2
AI tokens diverge from broader selloff: TAO +90%, RENDER +40%, FET +24%
During March and April 2026, AI-focused crypto tokens moved against a market gripped by “extreme fear,” with TAO up about 90% in 30 days and RENDER and FET rising 40% and 24% over a strong week. TAO climbed from $180 to $332 as its peak 24-hour volume hit $118 million, while the AI sector’s market cap rose 10.67% in one day to $19.48 billion. The rally contrasted with a broader altcoin market-cap decline from $1.19 trillion in late 2024 to $719 billion.
TAO
TAO+6.06%
4-2
3-28
David Sacks exits White House crypto czar post after 130 days, shifts to PCAST
On March 27, 2026, David Sacks stepped down as the White House AI and Crypto Czar after reaching the role's 130-day limit, and moved to co-chair PCAST with Michael Kratsios. Unfinished items include the CLARITY Act's Senate path and the operational future of a strategic Bitcoin reserve created by executive order. Bitcoin traded around $66,000, down roughly 4% over the past 24 hours, as broader macro and geopolitical factors also weighed on sentiment.
BTC
BTC+0.68%
3-28